Cost of living survey 2013: Tokyo, Beijing tops in Asia

Tokyo is still the most expensive city in Asia for expatriates, but has fallen globally from #1 to #10 since last year. (Image hosted on flickr/skyscrapercity.com)

Tokyo and Beijing are now the most expensive Asian cities for expatriate staff in live in, according to the latest Cost of Living Survey by ECA International, recognized as the leading provider of knowledge, information and technology for the management and assignment of employees across the globe.

While Tokyo is still Asia’s most expensive city for expatriates, globally it fell to 10th place from last year when it was number one in the world. The drop is due to a weaker Yen.

Beijing rose to number two in Asia, up from 5th place last year. It is now 15th globally.

The rest of the Top Ten most expensive cities in Asia are Nagoya, Shanghai, Yokohama, Seoul, Osaka, Hong Kong, Singapore, and Guangzhou.